Why apartment owners should avoid one-stop strata shops at all costs

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Date: 18 Sep 2018

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If there was ever proof needed of the naivete of prospective apartment owners – and the expectation of developers that new apartment buyers don't know their assets from a hole in the ground – it was the concept of the one-stop strata shop.
The idea was that you bought the apartment off the plan or brand new and didn't have to worry about strata managers and building managers because the developer already had that covered.
Signing up with strata and building managers who are owned by your developer is at best lazy and at worst insane, for fairly obvious reasons.